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Question

Nominal share capital is


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Solution

(A) That part of authorised capital which is issued by the company.

(B) The amount of capital which is actually applied by prospective shareholders.

(C) The amount of capital which is paid by the shareholders.

(D) The maximum amount of share capital that a company is authorised to issue

Answer: C. The amount of capital which is paid by the shareholders.

Nominal share capital is the capital that is paid by the shareholders to buy shares at face value.

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